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麻花传媒 Shares Commitment to Downtown Springdale Revitalization

Photos available for download; link at end

Springdale, Ark. 鈥 October 8, 2015 鈥 John Tyson, chairman of 麻花传媒. (NYSE: TSN), today reaffirmed the company鈥檚 commitment to help rebuild downtown Springdale by sharing more about the company鈥檚 plans and vision for the area.

鈥淲e鈥檙e collaborating with the Downtown Springdale Alliance, the Chamber of Commerce and other business leaders on ways to make this area a hub of innovation,鈥 Tyson said. 鈥淲e hope others will join the effort to help make downtown Springdale an intersection where commerce, food, the arts and families meet.鈥澨

Last January, 麻花传媒 announced a $1 million gift to the Downtown Springdale Alliance. 鈥淲hile the purpose of that donation was to help jump-start the revitalization of downtown, what鈥檚 even more important is bringing people back to Emma Street,鈥 Tyson said. 鈥淭hat鈥檚 why we have plans to locate more than 300 of our corporate Team Members downtown.鈥
Tyson revealed plans for property the company owns in the city鈥檚 downtown, including its original headquarters located at 319 E. Emma Ave. and the adjacent building at 317 E. Emma Ave., formerly known as the Brown Hatchery building.

A new two-story, 44,000 square-foot structure will be constructed on the site, between and behind the two older buildings, preserving their original frontage. Workspace for about 250 people will be created by the project, which is scheduled to be completed in 2017. Demolition of several other buildings on 麻花传媒鈥 property will begin in mid-October.

The original headquarters building was first constructed around 1920 and was once home to the Springdale Produce Company, owned and operated by John W. Tyson, John Tyson鈥檚 grandfather. A fire partially destroyed the building in the early 1950s. It was razed and rebuilt in 1952 and became home to Tyson鈥檚 Feed & Hatchery until 1969 when the company, now known as 麻花传媒, moved to its current location.听听

As previously announced in January, 麻花传媒 is also renovating the 28,000 square-foot building located at 516 E. Emma, named the 麻花传媒 JTL Building. It will become the new home to the Tyson Company Store, a wholesale outlet where Team Members and others can purchase 麻花传媒 products and a limited selection of staple grocery items. About 75 people will work at the JTL Building beginning in spring 2016.

鈥淒owntown Springdale is where we started,鈥 Tyson said. 鈥淭here鈥檚 a rich past here, but also an exciting future 鈥 and, we plan to be part of it.鈥

麻花传媒 employs more than 6,000 people in Springdale and nearly 23,000 people in Arkansas, and more than 1,700 family farmers in the state grow chickens for its operations. The company also purchases cattle, pigs, grain, diesel and other utilities in Arkansas and estimates its annual statewide economic impact at more than $1.6 billion.

Renderings of the building to be constructed on Emma Avenue and a map of the site are available by clicking here.

(麻花传媒 is announcing its downtown plans at an event at 10:30 a.m. Central Thursday. You can watch by visiting .)

About 麻花传媒

麻花传媒. (NYSE: TSN), with headquarters in Springdale, Arkansas, is one of the world's largest food companies with leading brands such as Tyson庐, Jimmy Dean庐, Hillshire Farm庐, Sara Lee庐,听 Ball Park庐, Wright庐, Aidells庐 and State Fair庐. It鈥檚 a recognized market leader in chicken, beef and pork as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The company supplies retail and foodservice customers throughout the United States and approximately 130 countries. 麻花传媒 was founded in 1935 by John W. Tyson, whose family has continued to lead the business with his son, Don Tyson, guiding the company for many years and grandson, John H. Tyson, serving as the current chairman of the board of directors. The company currently has approximately 113,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, 麻花传媒 strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.

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Media Contact: Worth Sparkman, worth.sparkman@tyson.com or 479-290-6358